Mercuria Holdings Balance Sheet

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,144	5,232	3,365	3,003	3,013	4,674
Cash & Short-Term Investments	3,144	5,232	3,365	3,003	3,013	4,674
Cash Growth	42.78%	55.48%	12.05%	-0.33%	-35.54%	-
Accounts Receivable	16,540	16,438	16,711	15,092	14,622	11,684
Receivables	17,164	17,025	16,711	15,092	15,142	11,684
Other Current Assets	177	204	174	656	688	442
Total Current Assets	20,485	22,461	20,250	18,751	18,843	16,800
Property, Plant & Equipment	199	214	136	189	192	85
Long-Term Investments	397	396	383	355	407	371
Other Intangible Assets	-	-	-	1	1	-
Long-Term Deferred Tax Assets	406	396	283	357	538	753
Other Long-Term Assets	3	1	1	2	2	1
Total Assets	21,490	23,468	21,053	19,655	19,983	18,010
Accounts Payable	-	-	1	1	-	-
Accrued Expenses	223	235	546	478	434	239
Short-Term Debt	621	684	-	-	100	-
Current Portion of Long-Term Debt	-	-	-	-	130	130
Current Income Taxes Payable	175	1,881	767	207	457	514
Current Unearned Revenue	377	4	4	-	-	-
Other Current Liabilities	127	77	92	68	59	53
Total Current Liabilities	1,523	2,881	1,410	754	1,180	936
Long-Term Debt	-	-	-	-	613	743
Pension & Post-Retirement Benefits	396	346	318	276	262	229
Long-Term Deferred Tax Liabilities	222	218	81	-	-	-
Other Long-Term Liabilities	815	819	349	385	387	281
Total Liabilities	2,956	4,264	2,158	1,415	2,442	2,189
Common Stock	4,073	4,073	4,073	4,066	4,063	4,057
Additional Paid-In Capital	4,422	4,422	4,422	4,519	4,516	4,510
Retained Earnings	10,181	10,722	9,474	9,384	8,863	7,718
Treasury Stock	-1,634	-1,634	-1,634	-1,591	-1,065	-712
Comprehensive Income & Other	263	401	1,172	715	250	-465
Total Common Equity	17,305	17,984	17,507	17,093	16,627	15,108
Minority Interest	1,229	1,220	1,388	1,147	914	713
Shareholders' Equity	18,534	19,204	18,895	18,240	17,541	15,821
Total Liabilities & Equity	21,490	23,468	21,053	19,655	19,983	18,010
Total Debt	621	684	-	-	843	873
Net Cash (Debt)	2,523	4,548	3,365	3,003	2,170	3,801
Net Cash Growth	56.51%	35.16%	12.05%	38.39%	-42.91%	-
Net Cash Per Share	130.40	235.06	173.81	153.28	105.95	223.62
Filing Date Shares Outstanding	19.35	19.35	19.35	19.35	19.7	20.59
Total Common Shares Outstanding	19.35	19.35	19.35	19.35	20.05	20.59
Working Capital	18,962	19,580	18,840	17,997	17,663	15,864
Book Value Per Share	894.40	929.50	904.84	883.54	829.13	733.90
Tangible Book Value	17,305	17,984	17,507	17,092	16,626	15,108
Tangible Book Value Per Share	894.40	929.50	904.84	883.48	829.08	733.90